2 Bedroom Apartment / flat for sale in Cape Town City Centre
Cape Town City Centre, Cape Townlocation approximate: suburb level
2 bed · 2 bath · 87 m² floor
Description
A compelling opportunity for investors, business travellers and buyers seeking an income-producing property in one of Cape Town’s most strategically positioned CBD locations. Situated within the renowned Fountains Hotel, this spacious two-bedroom, two-bathroom apartment combines the independence of a private apartment with the convenience and facilities of a four-star hotel, creating an excellent proposition for short-term letting, corporate accommodation or a lock-up-and-go city base. The building is Airbnb-friendly and permits short-term letting, opening the property to Cape Town’s strong business, conference and leisure tourism markets. The Cape Town International Convention Centre (CTICC) is approximately a 3-minute walk away, with the Foreshore, V&A Waterfront and major CBD business hubs all within easy reach. The two-bedroom, two-bathroom configuration is... A compelling opportunity for investors, business travellers and buyers seeking an income-producing property in one of Cape Town’s most strategically positioned CBD locations. Situated within the renowned Fountains Hotel, this spacious two-bedroom, two-bathroom apartment combines the independence of a private apartment with the convenience and facilities of a four-star hotel, creating an excellent proposition for short-term letting, corporate accommodation or a lock-up-and-go city base. The building is Airbnb-friendly and permits short-term letting, opening the property to Cape Town’s strong business, conference and leisure tourism markets. The Cape Town International Convention Centre (CTICC) is approximately a 3-minute walk away, with the Foreshore, V&A Waterfront and major CBD business hubs all within easy reach. The two-bedroom, two-bathroom configuration is particularly well suited to short-term and corporate accommodation, comfortably catering for business travellers, couples and families. The open-plan kitchen, dining and living area leads onto a balcony overlooking the historic Adderley Street Fountain and surrounding cityscape. Both bedrooms are generously proportioned with ample storage, while one secure underground parking bay is included. Residents and guests enjoy access to the facilities of Fountains Hotel, including swimming pools, restaurant and bar, 24-hour reception and security, conference and business facilities and tourism support. WiFi is included, while centralised hot water forms part of the levies, helping to reduce electricity consumption within the apartment. For investors, the flexibility of the property is a significant advantage. It can be positioned for nightly short-term accommodation, corporate and medium-term stays or conventional long-term letting, allowing the rental strategy to be adapted according to market demand. The existing furniture can be purchased separately, providing investors with the opportunity to acquire a near-turnkey short-term rental with minimal setup required. Whether you’re looking to expand a short-term rental portfolio, secure a Cape Town base for business travel or are simply drawn to the cosmopolitan city lifestyle, this apartment offers a particularly versatile investment opportunity in the heart of Cape Town. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1977518664","type":"c"}));
What we know about this property
Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.
Resilience
- Backup Power Level
- Partialfrom the listing text · 99%
- Battery Backup
- Yesfrom the listing text · 98%
- Borehole
- Nofrom the listing text · 98%
- Gas Hob
- Nofrom the listing text · 97%
- Generator
- Nofrom the listing text · 88%
- Grey Water
- Nofrom the listing text · 98%
- Heat Pump
- Nofrom the listing text · 97%
- Inverter
- Yesfrom the listing text · 95%
- Solar Geyser
- Nofrom the listing text · 97%
- Solar panels
- Nofrom the listing text · 97%
- Water Tank
- Nofrom the listing text · 98%
Security
- Alarm Beams
- Nofrom the listing text · 97%
- Armed Response
- Nofrom the listing text · 96%
- Boomed Area
- Nofrom the listing text · 95%
- Burglar Bars
- Nofrom the listing text · 88%
- CCTV
- Nofrom the listing text · 93%
- Electric Fence
- Nofrom the listing text · 97%
- Guard 24h
- Yesfrom the listing text · 71%
- Security Estate
- Nofrom the listing text · 93%
Location
- Exposed to coastal wind
- Yesfrom open data · 60%
- Estimated commute to CBD
- 1 minfrom open data · 60%
- Crime trend
- Worseningfrom open data · 60%
- Distance to the sea
- 1.1 kmfrom open data · 60%
- Load-shedding block
- 7from open data · 60%
- SAPS precinct risk
- Highfrom open data · 60%
Market
- Days on market
- 34 daysfrom our price history
- Gross rental yield
- 10.3%from our price history
- Price change since listed
- 0.0%from our price history
- Price per m²
- R 40 230from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 1.21×from our price history
- Under Offer
- Nofrom our price history
Comfort
- Air Conditioning
- Nofrom the listing text · 96%
- Double Glazing
- Nofrom the listing text · 98%
- Fireplace
- Nofrom the listing text · 98%
- High Ceilings
- Nofrom the listing text · 97%
- North Facing
- Nofrom the listing text · 98%
- Quiet Street
- Nofrom the listing text · 98%
- Underfloor Heating
- Nofrom the listing text · 98%
- View Type
- Cityfrom the listing text
- Wind Protected
- Nofrom the listing text · 98%
Layout
- Flatlet
- Nofrom the listing text · 97%
- Furnished
- Yesfrom the listing text · 77%
- Home Office
- Nofrom the listing text · 97%
- Lift Access
- Nofrom the listing text · 76%
- Open Plan
- Yesfrom the listing text · 95%
- Penthouse
- Nofrom the listing text · 97%
- Scullery
- Nofrom the listing text · 97%
- Single Level
- Nofrom the listing text · 60%
- Staff Accommodation
- Nofrom the listing text · 97%
- Walk In Closet
- Nofrom the listing text · 95%
- Wheelchair Access
- Nofrom the listing text · 97%
Outdoor
- Balcony
- Yesfrom the listing text · 98%
- Boat Caravan Parking
- Nofrom the listing text · 98%
- Borehole Irrigation
- Nofrom the listing text · 98%
- Braai Area
- Nofrom the listing text · 97%
- Covered Patio
- Nofrom the listing text · 96%
- Established Trees
- Nofrom the listing text · 98%
- Garage Type
- Singlefrom the listing text · 81%
- Garden Size
- Nonefrom the listing text
- Off-street parking bays
- 1from the listing text · 99%
- Pet Friendly
- Nofrom the listing text · 77%
- Pool Type
- Communalfrom the listing text · 97%
Condition
- Needs Tlc
- Nofrom the listing text · 97%
Architecture
- Original Features
- Nofrom the listing text · 98%
- Thatched Roof
- Nofrom the listing text · 98%
Tenure Rules
- Exclusive Use Area
- Nofrom the listing text · 73%
- No transfer duty
- Nofrom the listing text · 98%
- Retirement Scheme
- Nofrom the listing text · 98%
- Short Let Allowed
- Yesfrom the listing text · 96%
- Special Levy Mentioned
- Nofrom the listing text · 95%
- Utilities Included
- Nofrom the listing text · 68%
Connectivity
- Fibre
- Nofrom the listing text · 95%
Commercial
- Auction
- Nofrom the listing text · 98%
- Bank Assisted
- Nofrom the listing text · 98%
- Off Plan
- Nofrom the listing text · 98%
- Owner Relocating
- Nofrom the listing text · 98%
- Price Reduced
- Nofrom our price history
- Priced To Sell
- Nofrom the listing text · 98%
Portal facts
- Pool
- Yes
- Parking
- Underground Parking
- Bedrooms
- 2
- Kitchens
- 1
- Bathrooms
- 2
- Floor Size
- 87 m²
- Backup Power
- Backup Battery / Inverter
- Listing Date
- 21 August 2026
- Pets Allowed
- No
- Price per m²
- R 40 230
- Listing Number
- 117551633
- Rates and Taxes
- R 850
- Reception Rooms
- 2
- Type of Property
- Apartment / Flat